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Property profile & analytics
OFF-MARKET
Estimated value
$13,600,000
Grocery and convenience stores
2100 Bleigh Ave Philadelphia, PA 19152
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0989078
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
69,605 SF
Lot
6.66 ac (289,979 SF)
Zoning code
CA1
APN
88-2-0646-00
UPID
US73-0989078
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.11M
Comparable Approach
Comparable
$13.90M
Blend (final)
Blend
$13.60M
Owner & transaction history
A & P Real Property LLC · 11 yrs held
A & P Real Property LLC
since 2014
3 recorded transactions
Zoning & alternative use
CA1 · Philadelphia, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$21.6M
+80.6%
Apartment house (5+ units)
$19.4M
+62.2%
Office building
$17.7M
+48.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Philadelphia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Philadelphia submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,110,000
6.5%
$12,105,000
7%
$11,240,000
Alternative Use
Use
Estimation
RETAIL STORES
$11,935,000
Current use
RESTAURANT
$21,555,000
Change: +81% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$19,360,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$17,710,000
Change: +48% · Conversion: Easy
MEDICAL BUILDING
$17,090,000
Change: +43% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,915,000
Change: +8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$11,125,000
Change: -7% · Conversion: Easy
AUTO REPAIR, GARAGE
$10,980,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$13.60M
Range $12.24M – $14.96M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$195 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$172,150
Tax year 2023
Assessed value
$12,298,200
Assessed 2023
Previous assessed
$12,298,200
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$8,608,763
Assessed improvement
$3,689,437
Land market value
$8,608,763
Improvement market value
$3,689,437
Total market value
$12,298,200
Applied tax rate
56.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
69,605 SF
Lot
6.66 ac (289,979 SF)
Zoning code
CA1
APN
88-2-0646-00
UPID
US73-0989078
Jurisdiction
PHILADELPHIA
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CA1 · Philadelphia, PA
Zoning CA1 · permitted uses
CA1 · Philadelphia, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Philadelphia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$11.9M
RESTAURANT
Est. value
$21.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$19.4M
OFFICE BUILDING
Est. value
$17.7M
MEDICAL BUILDING
Est. value
$17.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.9M
COMMERCIAL (GENERAL)
Est. value
$11.1M
AUTO REPAIR, GARAGE
Est. value
$11.0M
RETAIL STORES Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
6.66 ac
Current owner
From public records · entity-resolved
A & P Real Property LLC
Entity
Mailing address
3333 NEW HYDE PARK RD, NEW HYDE PARK, NY 11042-1204
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 17, 2014
—
A & P Real Property LLC
—
Loan Modification
related
$270,000,000 · Wells Fargo Bk
Mar 20, 2012
—
A & P Real Property LLC
—
Deed Of Trust
related
$540,000,000 · Jp Morgan Chase Bk
Oct 1, 2008
—
Bustleton Partners
—
Grant Deed
related
$37,000,000 · Protective Life Insurance Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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